IRF - Inflation Relief Fund
The program offers financial assistance of up to $22,000 by reimbursing card processing expenses ranging from 30 to 86% for businesses facing revenue decreases of more than 25% in order to help small enterprises (those with fewer than 300 employees) overcome challenges.
It functions as a grant with no burdensome limitations or repayment requirements.
How the Program works?
A simple step-by-step process designed for clarity and transparency.
04 STEPS
STEP 01 —SUBMIT YOUR APPLICATION
Provide basic business details and your recent processing statement (or equivalent).
STEP 02 — ELIGIBILITY REVIEW
We check qualification criteria and verify documents to confirm program fit.
STEP 03 — APPROVAL & CALCULATION
If approved, we determine the eligible reimbursement range based on your profile and documentation.
STEP 04 — FUNDING & UPDATES
You’ll receive updates and next steps, with a way to track your application status.
Check Your Eligibility
A quick checklist to see if your business may qualify.
You operate a legally registered business in the U.S.
You can provide proof of business activity (license/registration).
You can provide ownership verification (if applicable).
You can provide a voided check or bank verification document.
You can provide recent processing/transaction documentation (statement, report, or equivalent).
Required Documents
Having these ready helps speed up verification and reduces back-and-forth.
Business & Identity
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Business license or registration document
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Owner/authorized signer ID (government-issued)
Banking
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Voided check OR official bank letter/statement showing account & routing
Verification
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Ownership verification (if applicable)
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Recent processing/transaction documentation (statement/report)
Optional (helps approval speed)
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Utility bill or proof of business address (if requested)
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Additional supporting documents if program rules require it
IRF - Inflation Relief Fund
Refund PAF reimburses applicants between 60 and 85 percent of the merchant authorization credit card processing fee cost if they:
Is located in a low-income community
In order to be eligible, the business address must be in a low-income community. Before applying, prospective candidates are encouraged to verify if they fit the low-income community eligibility condition by looking at the map.
Has 20 or fewer employees
Applications are accepted from business entities that are typically eligible for the Refund PAF program. This covers independent contractors, private, nonprofit organizations, and sole proprietors. Businesses engaged in agriculture are not qualified.
Be a U.S business
You must have at least 51% of your assets and personnel in the United States.
State Refund Business or Self-Employed Cost
The State Refund Business or Self-Employed Cost provides funds of up to up to $350,000, before applying, make sure your small business meets the following eligibility criteria:
Is situated in a low-income area.
In order to be eligible, the business address must be in a low-income community. Before applying, prospective candidates are encouraged to verify if they fit the low-income community eligibility condition by looking at the map.
Able to show a revenue decrease of more than 30%
In order to verify the 30% decrease, an applicant who satisfies the low-income community requirements will be required to submit gross monthly revenue, which includes all forms of combined monthly revenues received, such as profits or salaries.
Has 100 or fewer employees
Applications are accepted from business entities that are typically eligible for the Refund PAF program. This covers independent contractors, private, nonprofit organizations, and sole proprietors. Businesses engaged in agriculture are not qualified.